M&A Already Underway As Angelini Acquires Arvelle

Will Commercialize Epilepsy Drug Cenobamate In Europe

2020 has kicked off with a major European biotech deal that will see the Italian conglomerate Angelini take over Switzerland's Arvelle which is on the verge of getting EU approval for an anti-epilepsy drug licensed from SK Bio that got the green light in the US two years ago.

Agreement business handshake partnership deal as a solution strategy with a team coming together out of tangled twisted roads on to a bridge to find a common goal.
Angelini And Arvelle Look To Bridge Gaps In Epilepsy Market • Source: Archive

The new year is only a few days old but M&A activity is already underway in Europe with Italy’s Angelini Pharma agreeing to acquire Swiss CNS specialist Arvelle Therapeutics GmbH in a deal worth up to $960m.

The Rome-headquartered company, which is part of the privately owned Angelini Holding founded in 1919, said it was creating "a...

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